Study: Some public pensions are recovering from financial downturn

03/13/2013 | Pensions & Investments (free registration)

Changes made to public employees' pensions are helping some plans undo damage from the fiscal crisis, according to a study by Boston College's Center for Retirement Research. Changes made to 32 plans in 15 states have, in some cases, lowered pension costs to account for a lower percentage of state or local budgets than they did before the financial crisis, the study found.

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